Exactly, there is no reason to delay.
I have to believe they had some idea of the production rates of the wells before they decided to take on the lease. I mean I would want to know if I was negotiating the deal for myself, geez thats like realestate 101.
You may be right they want to get the rates up, which can be done but can also have devastating impact on the equipment shortening it's life span. Extra or increased production does not mean more staff as it would say in a factory. So, it wouldn't be hard to do just I don't think it is and could be for a long period of time say two or more quarters. No most likely just for the report; which will look good when released but won't sustain shareholder value. This it could be another ploy to increase pps and further dilution. Just a thought.
They announced they had financing there again is no reason to not divulge the source unless the source is dilution.In which they would delay indefinetly devulging this info if they could but reality gives them until they next financials are released, if in fact they release them and even if they plan to, this can also be delayed further. Another tactic would be to do the so called seel out to another operator who agrees to purchase the company for stock. they company is rolled into the newly formed and dilution startsw over again. Damn, I can't tell you how many time I have seen that one.
I guess we will see; not sure I want to risk it, I have already lost a bunch on this and not sure I won't to see what happens in a week or two, maybe it's my lose and your gain and if thats the case well there is nobody happier then I to congratulate you on your score.
News 
Market Data 
Discover 
